OTC Bulletin Board

Leadership Team Leads $1.1 Million Convertible Note Capital Raise

Retrieved on: 
Monday, August 28, 2023

The notes will mature on August 25, 2026 (the "Maturity Date"), unless earlier converted or repurchased.

Key Points: 
  • The notes will mature on August 25, 2026 (the "Maturity Date"), unless earlier converted or repurchased.
  • Holders may convert all or any portion of their notes at any time prior to the Maturity Date.
  • The Company may not redeem the Notes prior to the Maturity Date.
  • As I articulated on our Q2 2023 earnings call we are optimistic about the growth prospects in both our Authentication and Precision Logistics Segments.

Pomerantz Law Firm Announces Extended Lead Plaintiff Motion Deadline of October 16, 2023 in the Securities Lawsuit Pending Against Hub Cyber Security Ltd. f/k/a Hub Cyber Security (Israel) Ltd. and Certain Officers and Directors – HUBC; HUBCZ; HUBCW; RNER

Retrieved on: 
Saturday, August 26, 2023

The caption for the action is: Green v. Hub Cyber Security Ltd. et al., Case No.

Key Points: 
  • The caption for the action is: Green v. Hub Cyber Security Ltd. et al., Case No.
  • Plaintiff pursues claims against Defendants under the Securities Act of 1933 (“Securities Act”) and the Securities Exchange Act of 1934 (“Exchange Act”).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Pulse Biosciences Clarifies Details of Recent S-3 Filing

Retrieved on: 
Thursday, August 24, 2023

Pulse Biosciences, Inc. (Nasdaq: PLSE, “the Company”), a company primarily focused on leveraging its novel and proprietary Nanosecond Pulsed Field Ablation (nsPFA) technology for the treatment of atrial fibrillation, today provided additional clarification regarding the details of the SEC form S-3 (“the filing”) filed August 11, 2023.

Key Points: 
  • Pulse Biosciences, Inc. (Nasdaq: PLSE, “the Company”), a company primarily focused on leveraging its novel and proprietary Nanosecond Pulsed Field Ablation (nsPFA) technology for the treatment of atrial fibrillation, today provided additional clarification regarding the details of the SEC form S-3 (“the filing”) filed August 11, 2023.
  • The only shares registered in the filing are those currently owned by the “selling securityholder”, identified as Robert W. Duggan, Executive Chairman of the Pulse Biosciences Board of Directors.
  • Mr. Duggan has informed the Company that he has no present intention to sell the shares registered in this prospectus, or any of his Pulse Biosciences holdings.
  • Mr. Duggan commented, “We are encouraged by the recent business progress and especially the preclinical study results achieved by the nsPFA cardiac ablation catheter and surgical ablation clamp devices.

QNB Corp. Declares Q3 2023 Dividend

Retrieved on: 
Tuesday, August 22, 2023

QUAKERTOWN, PA, Aug. 22, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on August 22, declared a quarterly cash dividend of $0.37 per share.

Key Points: 
  • QUAKERTOWN, PA, Aug. 22, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on August 22, declared a quarterly cash dividend of $0.37 per share.
  • The cash dividend is payable on September 29, 2023, to shareholders of record September 15, 2023.
  • QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank.
  • QNB Corp.’s stock is traded in the over-the-counter market under the symbol “QNBC.” For more information, visit QNB’s website at QNBbank.com .

Skillz Board of Directors Authorizes $65 Million Share Repurchase Program and Exploration of Debt Repurchases

Retrieved on: 
Monday, August 21, 2023

The Board also authorized management to explore options to repurchase up to $65 million of the Company’s outstanding 10.25% Senior Secured Notes due 2026 (the “Notes”).

Key Points: 
  • The Board also authorized management to explore options to repurchase up to $65 million of the Company’s outstanding 10.25% Senior Secured Notes due 2026 (the “Notes”).
  • Repurchases under the share repurchase program and the debt repurchase authorization may be made at management’s discretion from time to time through open market purchases, in privately negotiated transactions, or by other means, in accordance with applicable securities laws and other restrictions.
  • The share repurchase program will have a term of 12 months, and the share repurchase program and debt repurchase authorization may be suspended or discontinued at any time and do not obligate the Company to acquire any amount of common stock or Notes.
  • The Company expects to utilize its existing cash and cash equivalents to fund any repurchases made under the share repurchase program or the debt repurchase authorization.

Pomerantz Law Firm Announces Extended Lead Plaintiff Motion Deadline of October 16, 2023 in the Securities Lawsuit Pending Against Hub Cyber Security Ltd. f/k/a Hub Cyber Security (Israel) Ltd. and Certain Officers and Directors – HUBC; HUBCZ; HUBCW; RNER

Retrieved on: 
Sunday, August 20, 2023

The caption for the action is: Green v. Hub Cyber Security Ltd. et al., Case No.

Key Points: 
  • The caption for the action is: Green v. Hub Cyber Security Ltd. et al., Case No.
  • Plaintiff pursues claims against Defendants under the Securities Act of 1933 (“Securities Act”) and the Securities Exchange Act of 1934 (“Exchange Act”).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Mullen Automotive Starts Stock Buyback Program

Retrieved on: 
Thursday, August 17, 2023

(NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the start of the Company’s $25 million stock buyback program with the repurchase of 3.7 million shares of common stock, which started on Aug. 16, 2023, and can continue through Dec. 31, 2023, for an aggregate of $3,626,000.

Key Points: 
  • (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces the start of the Company’s $25 million stock buyback program with the repurchase of 3.7 million shares of common stock, which started on Aug. 16, 2023, and can continue through Dec. 31, 2023, for an aggregate of $3,626,000.
  • On July 6, 2023, the Board of Directors (the "Board") of the Company authorized a stock buyback program, pursuant to which the Company may, until Dec. 31, 2023, purchase up to $25 million in shares of its outstanding common stock.
  • The authorization of the stock buyback program does not obligate the Company to purchase any shares and may be terminated or amended by the Board at any time prior to its expiration date.
  • For more information on Mullen Automotive or SEC public filings, please visit the investor relations section of Mullen’s website or SEC.gov .

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Hub Cyber Security Ltd. f/k/a Hub Cyber Security (Israel) Ltd. of Class Action Lawsuit and Upcoming Deadline – HUBC; HUBCZ; HUBCW; RNER; RNERU; RNERW

Retrieved on: 
Saturday, August 12, 2023

Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

Key Points: 
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Before the Merger, Mount Rainier’s common stock, units, and redeemable warrants traded on the Nasdaq Stock Market (“NASDAQ”).
  • Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Hub Cyber Security Ltd. f/k/a Hub Cyber Security (Israel) Ltd. of Class Action Lawsuit and Upcoming Deadline - HUBC; HUBCZ; HUBCW; RNER; RNERU; RNERW

Retrieved on: 
Thursday, August 10, 2023

Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.

Key Points: 
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Before the Merger, Mount Rainier's common stock, units, and redeemable warrants traded on the Nasdaq Stock Market ("NASDAQ").
  • Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

SeaChange Announces Voluntary SEC Deregistration and Nasdaq Delisting

Retrieved on: 
Tuesday, August 8, 2023

BOSTON, Aug. 08, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, today announced its voluntary decision to deregister its common stock (the “Common Stock”) with the U.S. Securities and Exchange Commission (the “SEC”) and delist its Common Stock from The Nasdaq Stock Market LLC (“Nasdaq”).

Key Points: 
  • BOSTON, Aug. 08, 2023 (GLOBE NEWSWIRE) -- SeaChange International, Inc. (NASDAQ: SEAC), (“SeaChange” or the “Company”), a leading provider of video delivery, advertising, streaming platforms, and emerging Free Ad-Supported Streaming TV services (FAST) development, today announced its voluntary decision to deregister its common stock (the “Common Stock”) with the U.S. Securities and Exchange Commission (the “SEC”) and delist its Common Stock from The Nasdaq Stock Market LLC (“Nasdaq”).
  • The Company expects that the voluntary delisting from Nasdaq and “going dark” will save SeaChange significant money, which can be used to execute the Company’s standalone plan, and thus will provide a benefit to the Company’s stockholders.
  • However, SeaChange stockholders who are concerned about liquidity may choose to sell their shares of Common Stock now before the delisting becomes effective.
  • No guarantee, however, can be made that a trading market in the Common Stock in any over-the-counter market will be maintained.